PAN MIDSTREAM MANAGEMENT LLC
PAN MIDSTREAM MANAGEMENT LLC is a Series C+ fund in the US, US Gulf Coast and US Southeast writing $50M–$150M checks into natural-gas, midstream-energy and energy-infrastructure.
- Stages
- Series C+
- Sectors
- natural-gas, midstream-energy, energy-infrastructure
- Check size
- $50M–$150M
- Invests in
- US-wide, US Gulf Coast, US Southeast
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2013
- Assets under management
- $3.07B
Thesis
Pan Midstream Management LLC, a subsidiary of Pan Capital Management LP, focuses on the midstream natural gas storage, transportation, and infrastructure sectors. The firm targets middle-market transactions, typically requiring $50 million to $150 million of invested capital per deal, and acts as a lead investor. Leveraging the extensive energy industry experience and successful trading platform of its parent company, Pan Capital Management (founded in 2013 with over $1 billion in cumulative AUM), Pan Midstream aims to acquire midstream natural gas assets and unlock value. The investment thesis is centered on identifying opportunities within the midstream energy infrastructure space, aligning with broader industry trends like LNG export growth and data center demand. While not explicitly detailed, the geographic scope likely emphasizes North America, particularly regions with significant natural gas production and demand such as the U.S. Gulf Coast and Southeast. Pan Capital Management LP reported AUM of over $3 billion as of June 30, 2025. Pan Midstream operates as an Exempt Reporting Adviser.
Common questions
Does PAN MIDSTREAM MANAGEMENT LLC invest at the Series C+ stage?
Yes. PAN MIDSTREAM MANAGEMENT LLC lists Series C+ among the stages it invests in.
What check size does PAN MIDSTREAM MANAGEMENT LLC write?
PAN MIDSTREAM MANAGEMENT LLC writes $50M–$150M checks.
Where does PAN MIDSTREAM MANAGEMENT LLC invest?
PAN MIDSTREAM MANAGEMENT LLC invests in the US, US Gulf Coast and US Southeast.